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UAE Starts Relying On Emirates ID As Proof Of Residency
Both citizens and residents can look forward to a number of benefits, including easier access to government services, less time spent at airports, and more.
From April 11, the United Arab Emirates (UAE) has started relying on Emirates ID as proof of residency, suspending the issuance of residence visa stamps.
Emirates ID is a smart identity card issued by Federal Authority for Identity and Citizenship. All UAE citizens and residents must apply for it by filling the eForm at one of the authorized typing centers or through the online form available on website of Federal Authority for Identity and Citizenship (FAIC).
Each Emirates ID has an electronic chip that can store up to 32,000 letters of information. The stored information can be encrypted in order to protect the privacy of card holders and prevent unauthorized third-parties from stealing it for malicious purposes.
By switching to a modern smart identity card, the UAE is taking yet another step on its smart-city journey. Both citizens and residents can look forward to a number of benefits, including easier access to government services, less time spent at airports, and more.
Those who have registered for smart gates at airports in the UAE can pass through them by simply looking at the green light on top of the camera to verify the biometric information contained within the Emirates ID chip.
Also Read: How To Change The Mobile Number On Your Emirates ID
The replacement of residence vista stamps by Emirates ID has been made possible by the last update of the advanced card, which was introduced in August 2021 by the Federal Authority for Identity and Citizenship (ICA).
The update added several new features, including a laser-printed 3D picture, additional fields and codes definition, advanced technical characteristics, and increased data protection. The latest generation of Emirates ID cards is made using polycarbonate that should last more than 10 years and survive countless washing machine accidents and other horrors that cards typically go through.
News
NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country
NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
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